Sixty-Six Warehouses Under Construction in Houston, CBRE Reports
HOUSTON – Sixty-six warehouses and industrial buildings are under construction in the Houston area, the most robust construction pace in years with 11.2 million square...
Tag : CBRE
Labor Shortage Pinches Construction Industry
(By Dale King) Nearly a million workers in construction trades lost their jobs during the “Great Recession” and its aftershocks that slammed the United States...
El Paso Industrial Portfolio Sold
EL PASO, Texas – Affliates of Dallas-based Covington Group Inc. acquired the 548,629-square-foot Butterfield Trail portfolio in El Paso. Covington Group is already underway with...
Overbuilt? The Highs and Lows of Houston’s Apartment Market: Q&A with CBRE’s New Multifamily Group Leader
HOUSTON – Throughout the city, apartment construction is on the rise. At the beginning of the year, Apartment Data Services reported 102 apartment complexes under...
Retail Rush : New 1 million SF IKEA Distribution Center May be Tip of the Iceberg for Retailers’ Warehouses
BAYTOWN, Texas – The new 1 million SF IKEA distribution center planned for the TGS Cedar Port Industrial Park near Baytown is a sign of...
Oil’s Impact on Houston Hotel Development: The Q&A with Randy McCaslin
Houston’s lodging sector remains relatively strong, particularly with billions in petrochemical plants under construction in East Houston, expansions at the Texas Medical Center, last year’s...
CBRE: Houston Office Vacancy Up Sharply Over Last 12 Months
HOUSTON – The Houston office market, under pressure with a decline in the energy industry, has seen a sharp increase in office vacancy space and...
Wind Energy: Huge Blade Manufacturing Underway on Mexico Border
EL PASO, Texas –CBRE announced the development of a 360,000-SF manufacturing plant in Ciudad Juárez, Mexico, for U.S.-based TPI Composites, a leading global wind blade manufacturer....
MetLife to Sell 50 Percent Stake in Austin Trophy Tower
AUSTIN – CBRE Capital Markets announces the opportunity to invest up to a 50 percent interest in a joint venture investing in 100 Congress, a...
Dallas Galleria Office Towers Getting $19 Million Renovation
DALLAS – CBRE Global Investors has launched a $19 million renovation of the Galleria Office Towers, a 1.4 million, three-building office complex connected to the...